USOil sell the pullback opportunity
Oil is shooting up fast with last weeks Trump and China news.
It will need a pullback here to around 56, before it will continue upwards.
Two options here.
The cautious trade would be to wait until price moves down to 56 area before shooting up, go with the trend.
The aggressive trade will be trading the pull back, then the continuation here.
I’m going with trading the pullback.
Stop placed just above last weeks high. 56 the target.
Let’s see
It will need a pullback here to around 56, before it will continue upwards.
Two options here.
The cautious trade would be to wait until price moves down to 56 area before shooting up, go with the trend.
The aggressive trade will be trading the pull back, then the continuation here.
I’m going with trading the pullback.
Stop placed just above last weeks high. 56 the target.
Let’s see
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.